On January 1, 2026, Bulgaria will bid farewell to its lev currency and become the 21st European nation to adopt the euro. The ...

Discover how currency unions impact global economies, their historical development, and the critiques they face. Learn about ...

The euro launched on 1 January 1999 as an electronic currency for 11 founding nations including Germany, France and Italy, ...

Cartoon by the French cartoonist Plantu, from March 1979, showing the new ECU as a guide and lifeboat for the nine participating countries (Source: Plantu. Le douanier se fait la malle, 20 ans de ...

Since the adoption of the euro in Bulgaria, a seemingly small linguistic detail has sparked notable public debate: why Bulgarian euro coins are marked with “stotinki” rather than “cents”. Bulgaria is ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. The European Monetary System (EMS) was ...

From 2nd left to 2nd right: Mr Jacques DELORS, President of the European Commission; Mr Helmut KOHL, German Federal Chancellor; Mr Hans Dietrich GENSCHER, German Federal Minister for Foreign Affairs.